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Supreme Broadwater Views!!
$1,565,000
Resort / Holiday management rights, Southport QLD
This complex is conveniently located across from the Broadwater with supreme views on offer. The complex offers superb self-contained apartments and an array of resort facilities. Central to all attractions, shopping precincts and restaurants that the Gold Coast has to offer. Image might not depict this complex.
Conveniently situated close to public transport, a brief stroll to GC Aquatic Centre, Australia Fair Shopping Centre, Southport CSI Club, public transport as well as a plethora of restaurants, cafes, medical facilities et al. To be honest, you may never need to use your car here, unless you decide to go to lunch at Mt Tamborine, approximately 40 minutes away.
Opportunity abounds for an astute operator to reap the benefits of a renovated complex with abundant repeat guests. No fixed hours and no need to reside onsite. Well worth an inspection!!!
The managers exquisitely renovated apartment offers 2 bedrooms and 2 bathrooms, fully equipped and functional kitchen serving a small dining and spacious living area, with access to a ground floor private courtyard. Ample storage with two car parks, and an exclusive use reception and back office.
To arrange an inspection call: Gavin - 08854 or email:
Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.
More Information
- Total Purchase Price: $1,565,000
- Net Income: $ 236,000
()
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 575,000
The value of on-title property included with the business. Its price is included in the Total Purchase Price. - Multiplier: 4.2
Estimated number of years till the Net Income reaches the Purchase Price of the business component. Other factors such as lifestyle, workload, location and offering should always be considered ahead of the multiplier when evaluating a Management Rights business.
Number of units the manager is authorised to manage.
Number of units resided in by their owners.
Number of units owners are not renting out, but also do not live in.
Number of units being rented by other agents (these could potentially be acquired by the manager).
The total number of units within the complex.
This is the body corporate caretaker salary. It is included in the Net Income above.
How long is the caretaking contract.
How long remains on the caretaking contract before it must be renewed?
How long has the management rights existed.
Required Office Hours
The value of on-title property included with the business. Its price is included in the Total Purchase Price.
Is there a manager's office included on the title?
Can the manager own a pet on site?